Brick Duplex with Private
For Sale
$246,900
2801-2803 W D Street, Russellville, AR 72801
MULTI_FAMILY - Russellville, AR
Property Size2,319 SF
Lot Size0.24 Acres
Price / SF$106.47
Days on Market135
Property Features for 2801-2803 W D Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1
Window features
Blinds
Patio and Porch features
Patio
Interior features
CathedralCeilings, WindowTreatments
Exterior features
ConcreteDriveway
Fencing
Privacy
Appliances
Dishwasher, ElectricCooktop, ElectricOven, GasWaterHeater, Refrigerator
Subdivision
Hall
Lot features
Level
Directions
From N Inglewood Ave turn right to West D Street
Standard status
Active
APN
812-00068-000R
Size
2,319 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
PT BLK K CITY OF RUSSELLVILLE
Tax Annual Amount
1207
Legal Description
PT BLK K CITY OF RUSSELLVILLE
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
fenced yard
Building Details
Year built
1984
Floors in Building
1
Number of units
2
Flooring type
Laminate
Building materials
Brick
Roof type
Shingle, Asphalt
Listing Agency:
Homecoin.com
(888) 400-2513
Listed By:
Jonathan Minerick · License #01523060
(888) 400-2513
Added: Apr 8
Changed: Aug 12
Last Checked: Aug 20 at 2:06AM
MLS# 1342120
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick duplex offers two matching sides, each featuring two bedrooms and one full bathroom. Built in 1984, the home includes cathedral ceilings and window treatments, with laminate flooring throughout. Comfort is provided by natural gas heating and central air conditioning, and the kitchen is equipped with a dishwasher, electric cooktop, electric oven, refrigerator, and a gas water heater. The duplex also features a privacy-fenced yard, a patio, and a concrete driveway.
The property is on a 0.24-acre lot with public water and public sewer, and it is served by an asphalt shingle roof. Additional exterior details include privacy fencing and a patio area.
With a straightforward, functional layout and fully fenced outdoor space on both sides, this duplex supports either resident-occupancy or tenant occupancy in a low-maintenance, durable brick structure.
The property is on a 0.24-acre lot with public water and public sewer, and it is served by an asphalt shingle roof. Additional exterior details include privacy fencing and a patio area.
With a straightforward, functional layout and fully fenced outdoor space on both sides, this duplex supports either resident-occupancy or tenant occupancy in a low-maintenance, durable brick structure.
Key Highlights
- 0.24‑acre lot with public water and public sewer
- 1984 brick duplex construction with asphalt shingle roof
- Two bedrooms and one full bathroom on each side
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,519
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$310,380
$310.4K
Cap Rate 7%
$221,700
$221.7K
Cap Rate 9%
$172,433
$172.4K
Market Conditions
NOI Build-Up for 2,319 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$23.7K $10.20/SF
− Vacancy
−$1.5K −$0.64/SF
EGI
$22.2K $9.56/SF
− OpEx
−$6.7K −$2.87/SF
NOI
$15.5K $6.69/SF
Area
Pope County, AR
Vacancy
6.27%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$310,380
Cap Rate 7%
$221,700
Cap Rate 9%
$172,433
Alternative Uses
Best Use
Multifamily LT 5
$221.7K
$194.0K – $258.7K
NOI $15,519 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$198.1K
$173.3K – $231.1K
NOI $13,866 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$370.5K
$324.2K – $432.3K
NOI $25,936 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
582
Businesses Nearby
Explore this area
Business Placement
Demographics for 72801, AR
18,510
Population
7,530
Households
2.5
Avg Household Size
29
Median Age
26%
College-Educated
82%
High-School Grad
8.0 sq mi
ZIP Area
2,314
Density / Sq Mi
$42,363
Median Household Income
$22,473
Median Earnings
$837
Median Rent
$153,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom, one-bath duplex built in brick with central gas heat and central air, plus fenced yards.
Where is this duplex located?
The property is located at 2801-2803 W D Street Russellville, AR.
What is the asking price?
The asking price for this property is $246,900.
What are key features of this property?
This property features: 0.24‑acre lot with public water and public sewer; 1984 brick duplex construction with asphalt shingle roof; Two bedrooms and one full bathroom on each side
